An exclusive franchise tag for Lamar Jackson in 2023 currently calculates to $45.4M (thanks in large part to Deshaun Watson's $55M cap hit).

A tag in 2024 would then be $54.4M.

2022: $23M
2023: $45.4M
2024: $54.4M
= $122.8M

Russell Wilson just locked in $124M over that span.

— Spotrac (@spotrac) September 6, 2022